CHDT Corp. (NASDAQ: CHDO) Reports 100% Increase in First Half Revenues

CHDT Corp. (OTCBB: CHDO), focused on designing and manufacturing consumer products for the North American retail market, recently reported 2nd Quarter gross revenue of $845,448 an increase of 22% over the $694,596 reported for the prior year's second quarter 2008. CHDT finished the first half of 2009 with gross revenues of $2,543,375, an increase of $1,274,699 or 100% versus the same period in 2008.

The company reported a $3,050,000 order backlog to date, to be shipped in the third and fourth quarters of FY2009. Capstone Industries generated all YTD gross revenues. The gross revenue increase resulted from the placement of the Eco-i-Lite products, the Company's multi-functional, power failure light program, the launch of the company's new Book light programs and sales of our STP-branded tools program.

As of June 30th, 2009, the company reported a 6 month net loss of $675,000 as compared to a net loss of $1,140,000 for the 6 months ended June 30th, 2008, reducing the loss by $465,000 or 41%. Management expects losses to continue to narrow in the third quarter of FY2009 and is anticipating profitability at year end in our core operations.

"We are pleased with our continued performance and growth through the 2nd Quarter of 2009. In spite of retail pressures that continue, our management team remains focused on innovative developments and new product placements," said Howard Ullman, Chairman of the Board of CHDT.

CHDT Corporation (CHDT) is a publicly traded company based in South Florida, with trading symbol CHDO.OB. Originally formed in Colorado in 1989, it was reincorporated in Florida in 2004 under the name China Direct Trading Corporation. In June of 2007, the name was changed to CHDT Corporation to properly reflect the fact that although global sourcing with China will continue to play an important role in many business units, other units will likely not be involved in China sourcing in the future.   

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